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    Home > Chemicals Industry > New Chemical Materials > Calcium carbide supply is insufficient PVC shock closed higher

    Calcium carbide supply is insufficient PVC shock closed higher

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    The PVC1701 contract opened at 6015, with a high of 6045, a low of 5905, and closed at 5980, down 30 or 0.
    5%
    from the previous session.
    The volume increased to 119,000 lots, and the open position decreased by 6,182 lots to 22.
    02 lots
    .

    PVC

    News side: 1.
    Shandong Xinfa PVC quotation today continues to increase by 50 yuan / ton, calcium carbide method 5 type material is now factory 6650 yuan / ton spot exchange
    .
    The 600,000 tons/year plant in the factory area is operating normally, and the shipment is in the near term
    .

    Raw material prices: 1, Japan naphtha CF Japan reported 414.
    38 yuan / ton, up 8.
    63; naphtha FOB Singapore reported 44.
    58 US dollars / barrel, up 1
    .
    Ethylene CFR Northeast Asia was at $1175/ton, down 5, and CFR Southeast Asia was at $1045/ton, down 5
    .

    Spot market: The price of some domestic PVC spot market is basically flat
    .
    North China calcium carbide law reported 6470 yuan / ton, up 50; ethylene law reported 6830 yuan / ton, up 100; East China calcium carbide law reported 6870 yuan / ton, up 120, ethylene law reported 6920 yuan / ton, unchanged
    .
    South China calcium carbide method reported 6820, up 160, ethylene method 7070 tons, up 70
    .
    The price of raw materials was basically flat, East China reported 2700 yuan, flat, and Northwest reported 2240 yuan, flat
    .

    Affected by logistics and transportation control and insufficient calcium carbide supply, calcium carbide prices have been raised, which has strengthened support for PVC costs, coupled with the small overall social inventory of PVC, and the slight discount of futures prices, etc.
    , it is expected that the futures price is expected to maintain the volatility of skin
    .
    Technically, PVC1701 shock closed down, below to test the support near the five-day line, above to test the pressure around 6300, short-term is expected to maintain a strong range of shock, it is recommended to rely on the five-day line to continue to hold
    .

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